On the 19th of February, Singapore and Malaysia informed that a new high-speed rail link would be build between the wealthy city-state and Kuala Lumpur. The news on the new high-speed rail link between two cities opens a new chapter in the bilateral relations. The Southeast Asian neighbors certainly will benefit from this new communication link not only on a human level, but mainly on the economic one. Economic ties between Singapore and Malaysia will be even stronger than these days. The high-speed rail link is expected to be a “game changer” for both countries.
The UK government scraps rail deal pertaining to West Coast Main line, and ends up offering the West Coast rail franchise to a private service provider. This action of the government has made many express doubts over the manner in which the UK government is dealing with the matter of privatization of railways.
With all of the changes to transportation that have taken place over the past several hundred years, there’s one mode of transportation that remains relatively unchanged: rail. Global rail freight is pushing full steam ahead as more people in more places are improving current global rail freight infrastructure or are investing in its implementation.
A 5-days-a-week direct rail freight service was launched on May 9th between the Port of Antwerp, Europe’s second-largest port, and Chongqing, the industrial hub located in China’s southwest. A crucial step in the process of developing the Eurasian Land Bridge, setting up this rail freight passage has significantly speeded up the process of transporting freight [...]